A common approach to Corporate Governance allows boards to exercise their judgement about how to apply corporate governance principles and provisions, by reference to a code, such as the UK Corporate Governance Code. The underlying principle is to “Comply or Explain”. In addition there are legal obligations applying to individual directors. Regulatory bodies, such as the Financial Reporting Council, issue Guidance to assist boards with their duties – including the duty to report on how companies address the “Stakeholder Agenda”. This training workshop will look at key aspects.
- Handling conflicts of interest
- Internal audit and other controls
- Regulatory controls on Boards
This training workshop is suitable for:
- Non-Executive Directors wanting to understand their role;
- Other Board members wishing to refresh their knowledge and skills;
- Chairs of organizations, Chief Executives, Company Secretaries, Other Heads of organizations;
- Professionals, practitioners, and managers in corporate investment, as well as Leaders in state owned enterprises, public, voluntary, and non-profit organizations;
- those needing to get to grips with good governance such as Inhouse counsel and Regulatory and Compliance professionals.
Upon completion of this training workshop, you will have reviewed:
- The legal duties of directors, as set out in the Companies Act 2006, S171-177.
- The Section 172 Report on the “Stakeholder Agenda”.
- FRC Guidance on Board Effectiveness 2018.
- FRC Guidance on Risk Management, Internal control and financial and business reporting 2014.